Happy 100th Birthday, Co-ops!
In 1916, the nation’s first nonprofit housing cooperative was born in Brooklyn. A century ago, Finnish immigrants banded together in the Sunset Park section of Brooklyn to address an acute housing shortage. Sixteen families formed the Finnish Home Building Association, chipped in $500 apiece, and got the architect Eric O. Holmgren to draw up plans for a solid, four-story, brick apartment building. Read the article…………..